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Jan 28, 2013
01/13
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CNBC
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because of the worldwide recession, caterpillar announced 22,000 layoffs. it's another company desperate for the infrastructure portion of the stimulus package. but it's also counting on other stimulus packages in china, south america, and europe... that is, unless they retaliate. >> if we have a "buy america" clause, other countries are going to have a "buy china," "buy europe," "buy brazil" clause, and they're going to discriminate against our exported products. look how thick this blade is. >> wow, this is just a huge hunk of steel. 75% of the steel in caterpillar trucks is american-made. if the company can't sell its earthmovers and mining tractors overseas, it'll buy less steel.r countries look upon it as a hostile act--and we're talking about china and russia... >> we are the largest consumer in the world of chinese-made products. they need us as much as we need them. >> he says the real hostile act is china subsidizing its steel industry. in january 2009, chinese steel plate cost half what american plate cost. dimicco claims that allows china to dump
because of the worldwide recession, caterpillar announced 22,000 layoffs. it's another company desperate for the infrastructure portion of the stimulus package. but it's also counting on other stimulus packages in china, south america, and europe... that is, unless they retaliate. >> if we have a "buy america" clause, other countries are going to have a "buy china," "buy europe," "buy brazil" clause, and they're going to discriminate against our...
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Jan 28, 2013
01/13
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WUSA
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caterpillar and ya lhoo! releas their finances. the dow closed at 13,895, its highest close sin october 31st of 2007. the nasdaq gained 19 points. >>> exxonmobil has once again topped apple as the world's most valuable company. last week apple's stock tumbled more than 14% after the tech giant posted a disappointing profit report. apple first surpassed exxon in the summer of 2011. >>> watch out at checkout if you're using a credit card. some retailers can charge 3% more with credit card purchases. this follows a lawsuit filed in 2005 against mastercard, visa, and other financial institutions. ten states have logged banning to check out fees. >>> maxi foods will reportedly pay up to $30,000 to buy devil dogs, funnybones. hostess announced they were shutting down its business. >>> and han sell & gretel witch hunters cooked up a hot spot. the r-rated action fill raked in $30,000. they plame the cold weather. the supernatural horror film mama came in second and coming in third "silver linings playbook" is up for oscars. >> i heard good
caterpillar and ya lhoo! releas their finances. the dow closed at 13,895, its highest close sin october 31st of 2007. the nasdaq gained 19 points. >>> exxonmobil has once again topped apple as the world's most valuable company. last week apple's stock tumbled more than 14% after the tech giant posted a disappointing profit report. apple first surpassed exxon in the summer of 2011. >>> watch out at checkout if you're using a credit card. some retailers can charge 3% more with...
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Jan 28, 2013
01/13
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KPIX
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caterpillar and yahoo! released their finances today. so far investors like what they see. the dow shot up 70 points on friday to close at 13 895, its highest close since october 31st of 2007. the nasdaq gained 19 points. >>> exxonmobil has once again topped apple as the world's most valuable company. last week apple's stock tumbled more than 14% after the tech giant posted a disappointing profit report. apple first surpassed exxon in the summer of 2011. >>> watch out for checkout fees if you're using a credit card. some retailers can now charge up to 3% more on credit card purchases. this follows a lawsuit filed in 2005 against mastercard, visa, and other financial institutions. ten states have laws banning the checkout fee. >>> hostess is expected to announce a bidder for drake's snack cakes this week. mckee foods will pay to buy $30 thousand to buy devil dogs, funny bones. hostess announced they were shutting down its business. >>> and han sell & gretel witch hunters cooked up a hot spot. at the box office this weekend. the r-rated action fill raked in $19 million. movie
caterpillar and yahoo! released their finances today. so far investors like what they see. the dow shot up 70 points on friday to close at 13 895, its highest close since october 31st of 2007. the nasdaq gained 19 points. >>> exxonmobil has once again topped apple as the world's most valuable company. last week apple's stock tumbled more than 14% after the tech giant posted a disappointing profit report. apple first surpassed exxon in the summer of 2011. >>> watch out for...
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Jan 28, 2013
01/13
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FBC
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very busy here for caterpillar. they did have a tough quarter. tough economy. they did have a lot of inventory that they try to cut into a little bit. that outlook here seems to be a little bit better. they are on strategy and keeping online. that is good news for caterpillar. right now, the dow is sitting in positive territory. up 11 of the last 12 trading days. and the nasdaq composite higher by two tenths of 1%. that is the latest here on the floor of the exchange. dagen: thank you, nicole. would this fiscal cliff best rdp resolved if bill clinton was in the white house? >> i think we would have fixed this fiscal mess by now. that is not the kind of presidency that we are dealing with right now. dagen: brought their is here with us now. maybe he is just trying to say, hey, i can work with democrats, just not the one that is their. >> this administration is so much not dealing with the issues like deficit and debt. if they were still around, this would not be an issue. he could do with them. he could work with them. he could get it done. just by signaling tha
very busy here for caterpillar. they did have a tough quarter. tough economy. they did have a lot of inventory that they try to cut into a little bit. that outlook here seems to be a little bit better. they are on strategy and keeping online. that is good news for caterpillar. right now, the dow is sitting in positive territory. up 11 of the last 12 trading days. and the nasdaq composite higher by two tenths of 1%. that is the latest here on the floor of the exchange. dagen: thank you, nicole....
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Jan 11, 2013
01/13
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CNBC
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yes, if you look across, you'll find that caterpillar, names like that, volatility is on the low end. so you look over other names, you're going to find higher volume tilts. don't be fooled by this whole thing. if you have a brought portfolio, you're buying protects right now. if you're in specific names, you have to analyze exactly where they are in charts. and the implied volume tilts. >> the real question is, where is the money coming from? is it out of bonds and into stocks? because that can have a whole different mean for where this market may go. >> first of all, this is etf flows. those tend to be institutional. >> and it's all. mutual funds, etfs, it is money coming into equity-related funds. >> but if you were to categorizes it and then say, okay. mutual funds themselves, you're actually seeing continued outflow out of equity mutual funds, so collect ifrly yes, this is money going into equities. >> not true according to bank of america. >> i will tell you, i work for a mutual fund company, i see the daily flows. there is ten consecutive weeks of mutual funds outflows. that's
yes, if you look across, you'll find that caterpillar, names like that, volatility is on the low end. so you look over other names, you're going to find higher volume tilts. don't be fooled by this whole thing. if you have a brought portfolio, you're buying protects right now. if you're in specific names, you have to analyze exactly where they are in charts. and the implied volume tilts. >> the real question is, where is the money coming from? is it out of bonds and into stocks? because...
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Jan 28, 2013
01/13
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WRC
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makings for caterpillar includeded a dim view of the economy. that's brag dragging down the dow itself. the demand for big ticket items did rise more than 4.5% in december. led by bookings for aircrafts. that's according to government data. after a string of better than expected the national association of realtors says pending home sales fell 4.3% in december after hitting two-year high it is month prior. december's number higher than a year ago and potentially held back by a limited supply of available homes for sale. u.s. airways and american airlineses are in the final stakes of merger talks and a deal could be announced in the next two weeks. the parent company amr plans to meet today and tomorrow. amr hasn't made a final decision on a merger. the company still considers its own restructuring plan a viable option. american filed for bankruptcy in november of 2011. a reminder, the cost of stamps increased again over the weekend. it will now cost you 46 cents to send a letter by regular mail. 33 cents for a postcard. the forever stamps are go
makings for caterpillar includeded a dim view of the economy. that's brag dragging down the dow itself. the demand for big ticket items did rise more than 4.5% in december. led by bookings for aircrafts. that's according to government data. after a string of better than expected the national association of realtors says pending home sales fell 4.3% in december after hitting two-year high it is month prior. december's number higher than a year ago and potentially held back by a limited supply of...
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Jan 27, 2013
01/13
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CNNW
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boeing, ford, caterpillar, all big players out there, good indicator of where the economy is heading. what do you expect to see there? >> listen, we have seen earnings this quarter come in, 72% of the earnings so far have wasn't the estimates, but investors should understand the estimates have been slashed for the fourth quarter, right in the expectation was for 2.8 or 3% growth rate, that's down from 9% the previous quarter. so, in fact, it's almost impossible for a lot of these companies not to beat the estimate what we're seeing is that they are missing on the top revenue line but yet they are still beating the estimate because they are making those strategic employment decisions, meaning layoffs much the financial services industry alone, we have seen 16,000 layoffs in the first three weeks of the month, of the year, we haven't gotten into february yet. tough take that with a grain of salt, be very careful, as a long-term investor, you should have a plan and stick with it right? >> well, that's what one thinks, it is hard to tell in this economy these days. you know better than i,
boeing, ford, caterpillar, all big players out there, good indicator of where the economy is heading. what do you expect to see there? >> listen, we have seen earnings this quarter come in, 72% of the earnings so far have wasn't the estimates, but investors should understand the estimates have been slashed for the fourth quarter, right in the expectation was for 2.8 or 3% growth rate, that's down from 9% the previous quarter. so, in fact, it's almost impossible for a lot of these...
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Jan 28, 2013
01/13
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KTVU
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ly tell you one of the earning -- i will tell you one of the earnings caterpillar earning is down. >>> time now 5:19. changing are ahead if you ride a bike in downtown san francisco. what the city hopes to add and how much money it will cost. >>> and is the tv you are watching right now a little out of date? it might be the perfect time to upgrade. why you can thank the 49ers for that. >>> you can also wake up with ktvu every morning. get the mornings top stories that developed while you were sleeping sent straight to your cell phone every weekday morning 6:00 a.m.. get your ktvu morning wake up call by texting the word wakeup to 70123. >>> welcome back. our time is 5:23. part of the mississippi river closed this morning after an oil barge. the barge was carrying 80,000 gallons of light crude oil. there is now an oily sheen on the water 37 authorities can't say how much oil is in the water now or how long it's going to take to plug the leaking barge tank and then reopen the river. >>> although the niners are super bowl bound most of their fans will be watching from home. many are upgr
ly tell you one of the earning -- i will tell you one of the earnings caterpillar earning is down. >>> time now 5:19. changing are ahead if you ride a bike in downtown san francisco. what the city hopes to add and how much money it will cost. >>> and is the tv you are watching right now a little out of date? it might be the perfect time to upgrade. why you can thank the 49ers for that. >>> you can also wake up with ktvu every morning. get the mornings top stories that...
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Jan 28, 2013
01/13
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KPIX
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caterpillar and yahoo will release their reports today. dow up 70 on friday to close at 13,895. that's the highest close since october of 2007. the nasdaq gained 19. >>> exxonmobil has once again topped apple as the world's most valuable company. last week apple's storm was down more than 14% after the tech giant posted a disappointing profit report. apple's market value is now $412 billion compared to exxonmobil's $417 billion. apple's first surpassed exxon in the summer of 2011. >>> watch out for a checkout fee if you are using your credit card. some retail, can now charge up to 3% more on credit card purchases. this is as a result of a settlement following a lawsuit filed in 2005 against mastercard, visa and other financial institutions. ten states though do have laws banning the checkout fee including california. also good news for me, new york and connecticut. because i like to do a little bit of shopping, frank, sometimes. >> that's what we hear. >> cash is king, by the way. another story near and dear to your sweet tooth. hostess is expected to announce a bidder for drake
caterpillar and yahoo will release their reports today. dow up 70 on friday to close at 13,895. that's the highest close since october of 2007. the nasdaq gained 19. >>> exxonmobil has once again topped apple as the world's most valuable company. last week apple's storm was down more than 14% after the tech giant posted a disappointing profit report. apple's market value is now $412 billion compared to exxonmobil's $417 billion. apple's first surpassed exxon in the summer of 2011....
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Jan 29, 2013
01/13
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KRON
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today we got good news on caterpillar, some economic data the two-year treasury was a 1.2%, now it is nearly 2 percent. mortgage rates could be a thing of the past there will not sky rocket. however, shop are round and do not look to be right i do not think it is going to be out of control. you could still get at it perhaps 4% for 30 years. thank you, robert he is here on 6-3:00 p.m. >> jacqueline: still breezy as for take a look out side of the san mateo bridge some cloud coverage near the coast. some clouds moving in from the north. temperatures are chilly in a few places. we have been seeing some gusting conditions and is a bit chillier. the north bay, 56 degrees in napa, concord, and also in san jose. here is what we can expect. chili and breezy. those winds will not die down completely with a tad bit warmer. perhaps one, two degrees warmer than today and for the evening it will stay breezy. as for the satellite & radar, that cloud coverage from the north. and as we take this whiter view with a high pressure is building offshore. and that wider shot is showing that it will become
today we got good news on caterpillar, some economic data the two-year treasury was a 1.2%, now it is nearly 2 percent. mortgage rates could be a thing of the past there will not sky rocket. however, shop are round and do not look to be right i do not think it is going to be out of control. you could still get at it perhaps 4% for 30 years. thank you, robert he is here on 6-3:00 p.m. >> jacqueline: still breezy as for take a look out side of the san mateo bridge some cloud coverage near...
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Jan 18, 2013
01/13
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FBC
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caterpillar gets 70% of its revenue outside of this country. stuart: recover from the election loss. >> happy warriors -- most americans--the most politically toxic thing for any politician, anybody in leadership is a bad start to the stock market. because the stock market has been doing so well, in alleviate a lot of pressure on the task force doing something and tax reform entitlement reform and cutting the deficit and debt. charles: when it hit an all-time high the dow at an all-time high under george bush the democrats said that was a reflection of rich americans. stuart: professional sports very big money. we have two names for you. lance armstrong of course and manti te'o. they could lose a ton of money. brian is on the radio right now but he will join us for special simulcast at 10:35 this morning. let's get to gun-control. here is what the president of the national rifle association said yesterday on "varney and company" in response to president obama's proposal. >> you have a president who is dedicated to achieving an ideological agend
caterpillar gets 70% of its revenue outside of this country. stuart: recover from the election loss. >> happy warriors -- most americans--the most politically toxic thing for any politician, anybody in leadership is a bad start to the stock market. because the stock market has been doing so well, in alleviate a lot of pressure on the task force doing something and tax reform entitlement reform and cutting the deficit and debt. charles: when it hit an all-time high the dow at an all-time...
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Jan 28, 2013
01/13
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KRON
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. >> investors will focus on results from caterpillar, due before the start of this trade this morning. ya hope is up after the bell today. the company's fourth quarter earnings are a big test for ceo mariss mayer . the results will be a look at the all laws new business strategy. the all laws new business stratat ikea, we don't just design furniture. we design good mornings. little experiments. big ideas. brighter ways. and better tomorrows you can take home today. imagine if everyday was just a little bit better for everyone. right >> i think i've always been prepared for this. i mean all of the coaches i had growing up in high school, college. coach harbaugh. everyone that has ever worked with me has helped me get to this point. >> that was colin kaepernick with 49 is there in new orleans now preparing for the big game. we have crews of there, here, everywhere. we will bring you coverage throughout the week. >> at 5:15 a.m. lead us turn to ericlet us turn to erica. >> is a clear start to the morning with no issues with visibility. temperatures are chilly in some spots. upper '30's o
. >> investors will focus on results from caterpillar, due before the start of this trade this morning. ya hope is up after the bell today. the company's fourth quarter earnings are a big test for ceo mariss mayer . the results will be a look at the all laws new business strategy. the all laws new business stratat ikea, we don't just design furniture. we design good mornings. little experiments. big ideas. brighter ways. and better tomorrows you can take home today. imagine if everyday...
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Jan 28, 2013
01/13
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CNNW
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>>> futures up this morning as investors saw better than expected earnings from manufacturing giant caterpillar. ringing the opening bell, distinguished representatives from peru in honor of the third annual peru day. now you know. >>> there are new developments this morning in that horrifying nightclub fire in brazil. we've now learned police have arrested one of the club's owners and two members of the band that were using fireworks in their show. more than 230 people died in the inferno. nearly half of them college students from a nearby campus. >>> one day before president obama kicks off his push for immigration reform in las vegas, a group of democratic and republican senators, including marco rubio, are unveiling their own. the bipartisan plan offers a path to residency, even citizenship, for millions of immigrants who are in the united states illegally. it also calls for an employment verification system that prevents identity theft and would add hiring of unauthorized workers in the future. >>> for the past four years, president obama and secretary of state hillary clinton have shared
>>> futures up this morning as investors saw better than expected earnings from manufacturing giant caterpillar. ringing the opening bell, distinguished representatives from peru in honor of the third annual peru day. now you know. >>> there are new developments this morning in that horrifying nightclub fire in brazil. we've now learned police have arrested one of the club's owners and two members of the band that were using fireworks in their show. more than 230 people died...